Instagram Bans @NFT Account, Blue Check Mark Be Damned

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Instagram Bans @NFT Account, Blue Check Mark Be Damned
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Weeks after the Mark Cuban-backed social media account NFT was suspended from Twitter, Instagram has followed suit

@NFT, which had racked up 1.7 million followers on Instagram alone, launched in the spring of 2021, but Space Cowboy only started paying attention to it this year as NFTs, in his words, “got to a tipping point with the growth.” More and more of his “normie friends” had begun to reach out about new NFT projects he had never heard of. Since he’s a collector “deeply entrenched in NFTs” he was at first surprised by his lack of awareness, he tellsvia direct message.

“This account was disabled following repeated violations of our policies, and it won’t be reinstated,” a spokesperson for Meta, Instagram’s parent company, tells. The representative did not elaborate further, but instead pointed to a part of the platforms’s policies that prohibits attempts to sell, buy, or exchange accounts, site privileges, or product features.

When asked for comment over email, Cuban confirmed that he is an investor, but insisted he’s “not involved with operations” and copied two business associates, @NFT co-founders Jason Falovitch and Aaron Avruskin.

Avruskin instead took the opportunity to mention the “tireless work” that goes into building “the largest community on social media for all things NFT,” adding that @NFT has partnered with “many successfully acclaimed projects in the space.” However, he admitted, they didn’t all take off as expected.

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